Nifty-Sensex-Pre Market Report : 08.07.2019
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Pre-Session: Negative start seen for benchmark indices
08/07/2019 08:35
Indian benchmarks are expected to start the day in red. SGX Nifty indicates a negative opening for the broader index in India, a fall of 51 points or 0.43 per cent. Nifty futures were trading around 11,766-level on the Singaporean Exchange. Asian shares slipped on Monday as investors wagered on a less aggressive policy easing in the United States, while the Turkish lira held near two-week lows after the country’s president dismissed its central bank governor over the weekend. MSCI's broadest index of Asia-Pacific shares outside Japan stumbled 0.3 percent, with South Korea's KOSPI off 1 percent and Australian shares down 0.4 percent. Japan's Nikkei faltered 0.6 percent.
US stocks dipped on Friday following an unexpectedly strong US payrolls report that led investors to reassess how dovish a stance the Fed may take at its next meeting. The Dow Jones Industrial Average fell 0.16 per cent, to 26,922, the S&P 500 lost 0.18 per cent, to 2,990 and the Nasdaq Composite dropped 0.1 per cent, to 8,162.On Friday, the 30-share benchmark index closed trading at 9513.39 down by 394.67 points.
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